Centerpoint Energy Inc. (CNP) said that its indirect wholly-owned pipeline subsidiary has signed a joint development agreement with NextEra US Gas Assets LLC, an affiliate of FPL Group Inc. (FPL) to explore the construction of a pipeline in north Louisiana to transport natural gas from the expanding Haynesville Shale area.
The capacity of the potential new pipeline would be up to 2.0 billion cubic feet per day and would connect Haynesville Shale natural gas production to markets in north Louisiana and CenterPoint Energy's Perryville Hub.
An upcoming open season will be held to gauge market interest in the proposed new pipeline, the company noted.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.